$390,000
SOLD JUL 6, 2016

229 Paoakalani Ave Unit 1610 Honolulu, HI 96815

Waikiki Neighborhood
1 Bed
1 Bath
534 Sq Ft
$615/mo HOA Fee

Recently Sold

$730 Per Sq Ft

2% Below List Price

57 Days on Market

Highlights

  • Ocean View
  • Community Pool
  • Ceramic Tile Flooring
  • 49,963 Sq Ft lot

About This Home

As of February 2025

Rare unit stack #10 available. Good views. Good rental. Rent on your own or place in hotel condo pool. Could use some upgrades but owner has rented unit since purchase. Hardly vacant.

Last Agent to Sell the Property

Gifford Chang

Ideal Properties, Inc. License #RB-16205 Listed on: 04/10/2016

Last Buyer's Agent

Evan Amakata

Oceans Real Estate License #RB-22133

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1979

HOA Fees

  • $615 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 534 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • Jefferson Elementary School
  • Washington Middle School
  • Kaimuki High School

Listing and Financial Details

  • Assessor Parcel Number 1-2-6-028-011-0130

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, sewer, water
  • Waikiki Sunset Condos
  • Waikiki Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,524

Year Built

Built in 1979

Lot Details

0

HOA Fees

$615 per month

Listing Details

  • Architectural Style: High Rise
  • Building Name: Waikiki Sunset
  • Inclusions: Range/Oven,Refrigerator
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1979
  • CommunityFeatures: Pool
  • MLS Status: Closed
  • Subdivision Name: WAIKIKI
  • Entry Level: 16
  • Living Area: 534.0
  • New Construction: No
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Concrete
  • Property Condition: Average Condition
  • View: Coastline, Mountain(s), Ocean
  • View: Yes
  • Disclosures: 1031 Exchange, Familial Relation, Principal is Real Estate Licensed, Seller Disclosure

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Association Fee: 615.0

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Sewer, Water

Schools

  • Elementary School: Jefferson
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-6-028-011-0130
  • Zoning Description: X2 - Apartment Precinct

Multi Family

  • Maintenance Expense: 615.0

Tax Info

  • Tax Annual Amount: 1524.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Feb 5, 2025
Sold by
Harmony Estate Llc
Bought by
Holmes Tyler Monroe and Holmes Karen Tyler
Seller's Agent
Evan Amakata
Oceans Real Estate
Buyer's Agent
Jessica Hoyt
Engel & Völkers Honolulu
List Price
$700,000
Sold Price
$715,000
Premium/Discount to List
$15,000
2.14%
Total Days on Market
57
Views
2
Current Estimated Value
$704,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,089
Avg. Annual Appreciation
-4.48%
Original Mortgage
$572,000
Outstanding Balance
$568,396
Interest Rate
1.8%
Mortgage Type
New Conventional
Estimated Equity
$136,515

Purchase Details

Listed on
Apr 10, 2016
Closed on
Jun 24, 2016
Sold by
Wong Reuben S F
Bought by
Harmony Estate Llc
Seller's Agent
Gifford Chang
Ideal Properties, Inc.
Buyer's Agent
Evan Amakata
Oceans Real Estate
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$273,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2016
Sold by
Wong Reuben Sun Fai and Wong Vera Hui
Bought by
Wong Reuben S F and Wong Vera Hui

Purchase Details

Closed on
Mar 31, 2008
Sold by
Kaulukukui Thomas K and Yim Patrick K S L
Bought by
Wong Reuben Sun Fai and Wong Vera Hui
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Title Guaranty
Deed -- Title Guaranty
Deed -- Title Guaranty
Limited Warranty Deed $390,000 Fam
Limited Warranty Deed $390,000 Fam
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Limited Warranty Deed $79,933 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $572,000 New Conventional
Closed $572,000 New Conventional
Previous Owner $273,000 New Conventional
Previous Owner $220,500 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $715,000 +2.1% $1,190 / Sq Ft
12/09/2024 12/09/24 For Sale $700,000 +79.5% $1,165 / Sq Ft
07/06/2016 07/06/16 Sold $390,000 -2.5% $730 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $400,000 -- $749 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,768 $629,100 $81,600 $547,500
2023 $1,644 $469,800 $79,100 $390,700
2022 $1,741 $497,300 $77,300 $420,000
2021 $1,707 $487,700 $77,300 $410,400
2020 $1,835 $524,300 $94,800 $429,500
2019 $1,818 $519,300 $79,000 $440,300
2018 $1,628 $465,200 $68,400 $396,800
2017 $1,312 $374,800 $52,600 $322,200
2016 $1,453 $415,100 $43,200 $371,900
2015 $1,518 $433,800 $36,800 $397,000
2014 $1,057 $393,500 $29,000 $364,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201606849

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-6-028-011-0130